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University of Maryland Medical System Foundation Inc

University of Maryland Medical System Foundation Inc

Baltimore, MD, US
501(c)3
EIN
52-2238893
Single Organization Support
Regional Funder
funder logo

University of Maryland Medical System Foundation Inc

Baltimore, MD, US
501(c)3
EIN
52-2238893
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$15,268,534

Contributions
43%
Other
23%
Investments
20%
Fundraising Events
10%
Government Grants
4%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$10,070,758

Grants
46%
Salaries & Benefits
22%
Fees to Service Providers
20%
Other
11%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$5,722,078
$6,616,498
+16%
Government Grants
$608,565
$631,940
+4%
Fundraising Events
$1,943,298
$1,538,204
-21%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,554,091
$3,032,699
-33%
Other
$3,859,750
$3,449,193
-11%
Total Revenues
$16,687,782
$15,268,534
-9%
Expenses
2023
2024
Change
Grants
$7,387,122
$4,620,422
-37%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,442,589
$2,171,806
+51%
Fees to Service Providers
$3,913,160
$2,014,918
-49%
Advertising & Promotion
$648,630
$5,956
-99%
Offices, Occupancy & IT
$85,120
$119,426
+40%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$695,519
$1,138,230
+64%
Total Expenses
$14,172,140
$10,070,758
-29%
Net income
2023
2024
Change
Net income
+$2,515,642
+$5,197,776
+107%
Functional Expenses
Summary
2023
2024
Change
Program
$7,952,320
$6,584,263
-17%
Admin
$5,096,867
$3,406,968
-33%
Fundraising
$1,122,953
$79,527
-93%
Total Expenses
$14,172,140
$10,070,758
-29%
Income Statement
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